Global Automotive Electronic Brake System Market to Grow at a CAGR of 7.34 Percent over the Period 2012-2016
TechNavio's analysts forecast the Global Automotive Electronic Brake System market to grow at a CAGR of 7.34 percent over the period 2012-2016. One of the key factors contributing to this market growth is the benefits of electronic brake systems. The Global Automotive Electronic Brake System market has also been witnessing the emergence of next-generation electronic brake systems. However, higher cost decrease investment in electronic brake systems could pose a challenge to the growth of this market.
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